A Florida Statement of Abandonment of Conversion is a document used in Florida to formally cancel a conversion of real estate. This document is typically used when two or more parties own a piece of real estate, and one of the owners wants to relinquish ownership rights to the other owners. It is also used to terminate the conversion of a property from its original use to a new use. There are two types of Florida Statement of Abandonment of Conversion: a general abandonment and an individual abandonment. A general abandonment is used when all the parties agree to the abandonment and the document is signed by all of them. An individual abandonment is used when only one of the parties agrees to the abandonment and the document is signed by only that party. Both types of Florida Statement of Abandonment of Conversion must be signed and notarized in order for it to be legally binding.